The market analyst provided a bold projection of the XRP price movement, indicating that it may reach $ 77.7 during the continuous bull market. This prediction depends on the application of advanced technical tools, including Fibonacci models and ELLIOTT WAVE, which is often used to predict long -term prices in financial markets.
According to the analyst, traditional linear models fail to capture the complex nature of encryption price movements, especially during the upcoming altcoin rally.
Prediction at XRP: The analyst says 77 dollars is possible in the current bull cycle
According to the Crypto Dark Defender analyst, the XRP price can rise to $ 77.7 during the current market cycle. the Climate It depends on the use of fibonacci levels, a method that it claims is not used to analyze the encryption market. He explains that standard linear expectations do not reflect the actual growth patterns that are often observed during the accelerating market conditions.
Dark Defender defines a five -wave defender based on ELLIOTT. In its analysis, the wave is placed 3 as a more explosive part of the cycle. It is suggested that Top Altcoin gather first, may move between $ 5 and $ 8 during this wave. Another batch is expected to be about $ 18 to $ 23 before the final wave.
The wave 5, the final station in the structure, is expected to move the price of XRP to levels of three numbers. Its upper analysis determines about $ 77.7, based on extended fibonacci measurements. This would represent a significant increase in the current levels and exceed the previous highlands.
Technical indicators and patterns of plans that support expectations
Dark Defender drops a review of multiple technical indicators. It refers to the RSI and the indicators of momentum as supportive factors in its analysis. These tools indicate continuous upward pressure, especially on the higher time frames such as the monthly graph.
The size groups are another factor that combines. According to graph data, strong accumulation areas were formed, and they usually support future encryption pools. It also indicates that current price movements reflect the previous bull movements, which enhances the idea of the upcoming altcoin gathering.
The structures of the graph from the previous sessions show similar formations that preceded the large price expansions. These historical similarities, momentum signals, and size behavior are the basis for its expanded drop to XRP.
At the same time, another more difficult analysis projects A wavy symbol can Via $ 1,000 if partnership with Swift leads to the global XRP adoption of actual time in border payments. Analysts suggest that such integration will require huge XRP reserves and institutional demand, which can pay the altcoin rally.
Impact of a rippal suit and legal developments
In addition, the analyst Egrag Crypto also shared the ups of the XRP price early. It sets the initial goals between $ 5 and $ 6, with access to $ 10. It is partially associated with iron Solve a rippal suit By the American Securities and Stock Exchange Committee, which some believe can work as a motor to make more gains.
The EGRAG Crypto Analysis also uses Fibonacci levels, determining the closure of the full monthly candle of the body above FIB 1.0. It is reported that the behavior of this scheme reflects the strength and momentum of the price. There is still a possible possibility of the FIB 1.618 level, which targets up to $ 10, as a possibility according to its analysis.
Ronnie Mogndi
Ronny Mugendi is a four -year experienced encryption journalist, as he contributed greatly to the various media in cryptocurrencies and technologies. With more than 4000 articles published through various media, it aims to inform, educate and introduce more people in the Blockchain world and Defi. Outside his career in the press, Rooney has a bicycle riding and exploring new paths and landscapes.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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